German experts cut their tax revenue forecasts for 2024-28 by 1.5%
By Maria Martinez BERLIN (Reuters) -Germany’s council of tax experts cut their forecast for total tax revenue over the next five..
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Fears of German ‘de-industrialisation’ may be overblown – for now
By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a disruptive shift towards net-zero economies, and g..
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Siemens misses profit forecast as industrial business struggles
By John Revill ZURICH (Reuters) – Siemens reported a drop in second-quarter earnings at its industrial business, the German engi..
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Oil down on inflation, supply risks in Mideast, Canada lend floor
By Georgina McCartney HOUSTON (Reuters) -Oil prices fell on Tuesday, after fresh U.S. data indicated inflation remains sticky, while p..
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King Charles unveils his first portrait since coronation
(Changes media identifier to correspond with visuals) LONDON (Reuters) -Britain’s King Charles on Tuesday unveiled the first off..
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Factbox-How hosting Euro 2024 could impact the German economy
By Rene Wagner BERLIN (Reuters) – Germany will be hoping for sporting success as host of the 2024 Euros soccer championship ki..
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Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook
By Amanda Cooper and Stefano Rebaudo LONDON/MILAN (Reuters) – The euro has resisted falling to parity with the dollar for now, t..
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Countries make late bid to salvage EU’s nature law
By Kate Abnett BRUSSELS (Reuters) – A group of 11 countries, led by Ireland, has made a last-ditch attempt to approve the EUR..
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Mixed UK labour market signals leave BoE on rate cut alert
By Suban Abdulla LONDON (Reuters) – British wages grew by more than expected, according to data published on Tuesday, but other ..
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World shares rest near record highs ahead of US inflation data
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – World shares marked time on Tuesday, holding just shy of record high..
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Curbs on costly home incentives cause split in Italy’s coalition
By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Italy’s ruling coalition was divided on Tuesday over the approval of ..
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Dollar slips after unexpected rise in US producer prices
By Herbert Lash and Joice Alves NEW YORK (Reuters) -The dollar edged lower on Tuesday following an unexpected increase in U.S. produce..
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Morning Bid: Markets eye US CPI and record high
A look at the day ahead in European and global markets from Tom Westbrook Stocks near record highs and Bill Hwang and Roaring Kitty in..
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In the Market: Financiers fret over ‘leverage on leverage’ in private credit
By Paritosh Bansal (Reuters) -To some elite financiers who gathered in Los Angeles for the Milken Institute conference, a debt binge i..
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European shares listless as investors brace for inflation test
By Ankika Biswas (Reuters) -Europe’s STOXX 600 struggled for direction on Monday, as investors geared up for this week’s k..
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London stocks muted ahead of more earnings, economic data
By Pranav Kashyap (Reuters) – London’s FTSE 100 was flat on Monday as gains in travel and leisure were offset by losses in..
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The case for forever high interest rates
By Yoruk Bahceli (Reuters) – If financial markets are right, interest rates won’t just stay high this year, but possibly f..
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EU countries approve law to slash trucks’ CO2 emissions
By Kate Abnett BRUSSELS (Reuters) – European Union countries gave their final approval on Monday to a law to cut carbon dioxide ..
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Stocks grind towards record highs in inflation-heavy week
By Wayne Cole and Amanda Cooper SYDNEY/LONDON (Reuters) -Global stocks neared record highs on Monday, in a week where inflation figure..
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Japan’s SoftBank swings to quarterly profit, eyes on Arm unit
By Anton Bridge TOKYO (Reuters) -Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year, ..
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Germany says cybercrime by foreign actors rose by 28% in 2023
BERLIN (Reuters) – Cybercrime by foreign perpetrators surged in Germany in 2023, rising by 28% on the previous year, data releas..
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Amazon to invest $1.3 billion in France, create 3,000 jobs
By Supantha Mukherjee STOCKHOLM (Reuters) – Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in ..
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UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions
(This May 10 story has been corrected to say ‘revenue per advertiser’ forecast, not ‘ad revenue’ forecast, in ..
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Microsoft to invest 4 billion euros in France
PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the an..
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Floods kill 37 in Indonesia’s West Sumatra, 17 missing
TANAH DATAR (Reuters) – Flash floods and mud slides in Indonesia’s West Sumatra province killed at least 37 people this we..
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Currency market calm as US inflation data holds focus this week
TOKYO (Reuters) – Major currencies were steady on Monday with the dollar consolidating against peers, as market participants awa..
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UK employers plan 4% pay rises in coming year, survey shows
By Suban Abdulla LONDON (Reuters) – British employers expect to raise wages by 4% over the coming 12 months, a similar rate to t..
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Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability
PARIS (Reuters) -Novavax on Friday erased doubts about its ability to remain in business and struck a licensing deal worth up to $1.2 ..
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Retailer Lidl UK raises staff pay for third time in 12 months
LONDON (Reuters) – The British arm of German supermarket group Lidl said it would lift wages by over 3% in June, giving thousand..
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Honda sees full-year profit rising 2.8%
TOKYO (Reuters) – Japan’s Honda Motor Co forecast a 2.8% rise in operating profit for this financial year, after it exceed..
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
By Jennifer Rigby LONDON (Reuters) – Talks to draw up a global pact to help fight future pandemics are likely to miss an initial..
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Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports
(Reuters) -Mining giant Rio Tinto had considered an offer for British miner Anglo American, which is now BHP Group’s $39 billion..
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GeoPark to access $500 million from Vitol in return for oil deliveries
(Reuters) – GeoPark has struck a deal to sell a minimum of 20,000 barrels of oil per day to Dutch commodities trading firm Vitol..
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China’s push for greener aluminium hit by erratic rains, power cuts
BEIJING (Reuters) – Erratic rainfall in China’s southwest is frustrating a multibillion-dollar push to green an aluminium ..
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Oil hits 1-week high on demand hopes after China, US data
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 1% to a one-week high on Thursday after data from China and the U.S. signa..
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Bank of England clears path for its first rate cut since 2020
By William Schomberg, David Milliken and Suban Abdulla LONDON (Reuters) -The Bank of England paved the way on Thursday for the start o..
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STOXX 600 ends at record high; BBVA weighs on Spain
By Ankika Biswas and Johann M Cherian (Reuters) -Europe’s benchmark index inched up to close at a record high on Thursday, drive..
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